Wells Fargo Bank Lowers Prime Rate to 5.25 Percent



    SAN FRANCISCO, March 18 /CNW/ -- Wells Fargo Bank, N.A., said today it is
lowering its prime rate from 6.00 percent to 5.25 percent, effective today,
March 18, 2008.
    Wells Fargo & Company is a diversified financial services company with
$575 billion in assets, providing banking, insurance, investments, mortgage
and consumer finance through almost 6,000 stores and the internet
(wellsfargo.com) across North America and internationally. Wells Fargo Bank,
N.A. is the only bank in the U.S., and one of only two banks worldwide, to
have the highest credit rating from both Moody's Investors Service, "Aaa," and
Standard & Poor's Ratings Services, "AAA."




For further information:

For further information: Heather Schow of Wells Fargo & Company, 
+1-415-222-1940 Web Site: http://www.wellsfargo.com

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WELLS FARGO & COMPANY

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